Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target ...
The Malvern investment giant was accused of alleged misleading statements to retail investors in targeted retirement funds.
Vanguard group will pay $106.4 million to settle charges brought by the Securities and Exchange Commission and state ...
That move led to widespread redemptions among retirement plan investors, who switched from Vanguard's investor target retirement funds to the institutional products, which came with lower expenses.
“Vanguard is committed to supporting the more ... “In the following months, a substantial number of retirement plan investors redeemed their Investor TRFs and switched to the Institutional ...
Research suggests that employer 401(k) matching contributions disproportionately favor high-income earners, leaving ...
The Securities and Exchange Commission (SEC) charged Vanguard US$106.4 million for "materially misleading" investors in the Investor Target Retirement Funds (Investor TRFs) about their future tax ...
The average retirement plan participants between the ages of 45 and 54 had an average balance of $168,646 in 2023, according to Vanguard.
Vanguard Group Inc. is free from a lawsuit saying it mismanaged a retirement plan by forwarding contributions to an ...